Picton Property Income - Portfolio progress continuing
In its recent portfolio update, Picton provided details of significant activity and progress across all property sectors, since its June NAV announcement. This is particularly encouraging given the traditionally quiet summer period and the uncertain political backdrop. The June NAV update showed continuing positive returns, benefiting from an overweight position in industrial and office assets, and the portfolio update shows progress towards unlocking reversionary potential from the portfolio.Picton Property Income is an internally managed property investment company which invests in commercial property throughout the U.K. As of Mar 31 2017, Co.'s property portfolio consisted of 53 assets and was invested in the industrial, office, retail, retail warehouse and leisure sectors.
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